In response, Corzine's lawyer, Andy Levander, has released a
statement saying that the allegations are "meritless."

Check it out below:

This is an unprecedented lawsuit based on meritless allegations
that Mr. Corzine failed to supervise an experienced back office
professional who was located in a different city and who did not
report to Mr. Corzine or even to anyone who reported to Mr.
Corzine.

After 20 months of thorough investigations by the Department of
Justice, two bankruptcy trustees, and the CFTC, no evidence has
been found that contradicts Mr. Corzine’s sworn testimony before
Congress.

Mr. Corzine did nothing wrong, and we look forward to vindicating
him in court.